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Sports   (Talk about balls here.)

Started by: Don GB (662)

At one time City were all but ignored by people like you Grim.

Now you can't stop obsessively talking about us and starting threads.

Oh how times have changed.

"How can anyone be in debt when the collateral in the club is far greater than the sovs they paid for it .?"

Simple, irrespective of what they paid for said collateral they are still in debt. Assets may be used as security to guarantee those debts but satisfaction of the debt can only be realised with the disposal (sale) of those assets, at which point they will have nowhere to play, assuming you are referring to old scaffold.

Unless those assets are sold or trafford pay off those debts from the sale of other assets (or a windfall from a greedy manipulation of the European trophy system) they will still be in debt.

Now what was it you were saying about knobwobbler again?

Replied: 21st Apr 2021 at 18:32

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